- Decarbonisation technology Company Sunborne Systems set up by Reaction Engines, Kiko Ventures and the UK-Government-funded Science and Technology Facilities Council (STFC)
- Appointment of Dr. Peter Collins as Executive Chair of Sunborne Systems, bringing important entrepreneurial expertise
- Sunborne Systems combines world-leading technical expertise from Reaction Engines and STFC and venture building expertise from Kiko Ventures to develop decarbonisation technology solutions for hard-to-abate sectors
Today it has been announced that the decarbonisation technology company set up by Reaction Engines, Kiko Ventures and the UK Government funded Science and Technology Facilities Council (STFC) is to be named Sunborne Systems.
Sunborne Systems will combine Reaction Engines’ heat exchanger technology with STFC’s leading ammonia catalyst expertise, and venture building expertise from Kiko Ventures (IP Group’s cleantech investment platform), to design and bring to market lightweight and compact cracking reactors for green ammonia, providing power and propulsion solutions for use in hard-to-decarbonise sectors such as aviation, marine shipping, and power generation.
It has also been announced that Dr. Peter Collins has been appointed as Sunborne Systems’ Executive Chair. Peter will lead the commercialisation of Sunborne Systems’ innovative technology, drawing on his experience in developing and scaling technology-differentiated businesses in the energy, water and other process industries.
Commenting, Peter said: “I am delighted to be joining Sunborne Systems as Executive Chair. Sunborne is strongly positioned to be a market leader in decarbonisation solutions. The Company’s innovative ammonia-cracking technology, backed by expertise from Reaction Engines, STFC and Kiko Ventures, has significant market potential and I look forward to working with this team to establish Sunborne Systems as the key enabler of ammonia-powered transport and power generation.”
Professor Bill David FRS and James Barth, Sunborne co-founders, said: “This is an exciting step forward for Sunborne Systems. Peter’s leadership will accelerate the commercialisation of our joint venture which is set to become a true enabler of ammonia for decarbonisation.”
Dr Liz Kirby, Director of Innovation at STFC, and Richard Varvill, CTO at Reaction Engines, said: “It is fantastic that Peter is joining Sunborne, bringing his wealth of experience in commercialising innovative technology, as we build the business to realise the potential unlocked by technology originating from STFC and Reaction Engines.”
Dr Robert Trezona, Founding Partner of Kiko Ventures said: “Peter’s appointment comes at an exciting time for Sunborne Systems, reinforcing our drive to fully realise the potential of Sunborne’s world-leading technology.”